Srinagar, Feb. 7 -- Jammu and Kashmir government is putting up a grand show to attract the global corporate leaders and industry captains to invest in the union territory (UT) post abrogation of Article 370.

Centre has allotted Rs 50 crore for hosting the first ever Global Investors Summit-2020, which is scheduled to be held in April in both capital cities.

"The amount will be spent on publicity, accommodation, travel, special cars and other arrangements for visitors," said an official of the Industry and Commerce department.

Themed, 'EXPLORE, INVEST and GROW', the summit is aimed at bringing together entrepreneurs and corporate leaders from the world to invest in the UT.

"The event will hold strategic sectoral sessions, technical prese...